Episode 190: Interview with Nelson Chu

Founder and CEO of Cadence

Description:

In this show, Mike Townsend interviews Nelson Chu, founder, and CEO of Cadence. Nelson is a 3x startup founder with several years of experience at the top investment management firms, including Bank of America and BlackRock. Prior to Cadence, he founded a strategy consulting firm specializing in helping companies build products and raise capital for growth, creating over $1B in equity value. He currently serves as an advisor to an ultra-high net worth family office and is an active angel investor, with notable investments including BlockFi, Cadre, Care/Of, Clover Health, dv01, Tala, and Uala.

This was a highly educational podcast, as Nelson explains how the highly complex market of business lending works, from small business loans, personal loans, and all the way up to the banks and governments. Nelson gives us his thoughts on how the 2008 financial crisis changed the way money flows throughout the system now.

We hear that Cadence has $1.6 issuance volume and $40M in securitization, and self-proclaimed shortest duration, highest yield (30%) flexible cheap growth capital… give it a try and decide for yourself!

As always, reach out if you'd like to be on the show, or have guest recommendations.

Sponsors:
Otter Labs -> Otter helps startups hire talented inexpensive developers faster through staff augmentation, focusing on Argentina.

Redeeem -> Redeeem is a decentralized peer-to-peer exchange that lets you save 15% or more on gift cards using Bitcoin and other cryptocurrencies.

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